Creating NFT Value out of Thin Air
August 10, 22 by John JeffayWhat's worth more, a one-off Tiffany & Co gold pendant studded with diamonds and gemstones. Or the computer-generated pixel-art image of a face on which it is based? Old-fashioned common sense would suggest the former. But in today's upside-down world, it's not... Read More...
A New Pink Record?
August 04, 22 by John JeffayFew people get to lay eyes on the world's largest pink diamond. The Daria-e Noor, part of the Iranian crown jewels, sits in a dimly-lit and heavily-fortified basement in the country's central bank in Tehran. Visitors are allowed in, for eight hours a week, but they are... Read More...
A New Pink Record?
August 04, 22 by John JeffayFew people get to lay eyes on the world's largest pink diamond. The Daria-e Noor, part of the Iranian crown jewels, sits in a dimly-lit and heavily-fortified basement in the country's central bank in Tehran. Visitors are allowed in, for eight hours a week, but ... Read More...
A Tale of Two Gem Raids
July 27, 22 by John JeffayThe Brink's jewelry heist that netted up to $100m, and the offer of a $7m reward for the return of Tamara Ecclestone's stolen gems - it's been a busy time for news of high-value crime. Thieves broke into an armored van near Los Angeles earlier this month as Read More...
Growing Diamonds, Saving the Planet
July 21, 22 by John JeffayThere was much excitement last month when Lusix announced a $90m funding round, not least because LVMH was among the investors. The French luxury conglomerate now owns the iconic US jeweler Tiffany & Co. Lusix makes lab-grown diamonds... Read More...
Jewelers' Ransomware Dilemma
July 14, 22 by John JeffayLast year's cyberattack on Graff came as a stark reminder to the jewelry world that nobody's safety is guaranteed. Many months later it has emerged that the exclusive London jeweler handed over the Bitcoin equivalent of $7.5m to prevent the hackers who had already... Read More...
Buying a $200 Stake in an Argyle Pink
July 07, 22 by John JeffayInvesting in diamonds has always been a tricky business. On paper they may seem like an attractive option, especially at a time like this, when the markets are in turmoil and crypto is in freefall. But the thing that sets diamonds aside from precious metals or commodities... Read More...
The Global Geopolitics of Diamonds
June 29, 22 by Erez Rivlin"For of the three forces, the power of arms, the power of alliance and the power of money, the last might well become the most reliable instrument of war...". Already in 1795, in his Perpetual Peace essay, Immanuel Kant envisioned how economics would be weaponized in... Read More...
Business as Usual at Alrosa?
June 23, 22 by John JeffayIt seems to be business as usual at Alrosa. The US and the EU may have imposed sanctions designed to halt the flow of Russian diamonds, but you'd barely know it from upbeat comments made by the company's CEO Sergei Ivanov this week. Alrosa has no plans to scale back... Read More...
Gender Bias - Still Alive and Well at US Jewelers?
June 16, 22 by John JeffayThe Sterling gender bias case is finally over. It lasted almost 15 years and became "a hallmark of #MeToo activism". The jeweler was accused of "gender discrimination in pay and promotions practices" by a class of 68,000 women... Read More...
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